Plans for a 300MW PV park near Bordeaux, have been unveiled.
Developer Neoen has raised €360 million (US$449 million) for the project, which expects to connect to the grid in October 2015. The company claims it would be the largest in Europe.
Xavier Barbaro, president of Neoen called the project “a new page in the history of renewable energy development in France”.
The solar park will be split between a number of individual projects.
In a statement released by the company Barbaro said: “These plants form the largest photovoltaic park in Europe, and will also be among the most competitive, demonstrating the capacity of solar PV to play a prominent role in the mix French and European energy. We are also particularly pleased that a French consortium ensures the construction of this park.”
Power from the development will be sold at €105/MWh (US$131/MWh) for 20 years.
Barbaro told Reuters that although it would be constructed by a consortium of French firms, including Schneider Electric, panels would be supplied by Canadian Solar, Yingli and Trina.